Jerome Powell’s swift action on Fed trading may boost his chances for a second term

Peter Conti-Brown of the Wharton School said Federal Reserve chair Jerome Powell was remarkably quick to address an ethics scandal at the Fed. “I would hope those who oppose Jay Powell fight him vociferously on the merits,” he said. “I don’t think his trading or management to this process are disqualifying. The Fed is holding itself to a higher standard than the standard held for those critical politicians.”

・ From Bloomberg